A new poll finds consumers in the US and UK are almost evenly split鈥擥en Z is upbeat, Gen X is gloomy鈥攁mid a cost-of-living crunch and rapid tech gains. The results remind brand marketers that price, value, and purpose now collide at every purchase decision.
The news: Gen Z is preparing an ambitious lineup of summer fun鈥攊ncluding domestic and international travel, shopping and dining, and vacation upgrades鈥攖o a degree that outstrips millennials, Gen X, and baby boomers, per a study by Bread Financial.
Our take: Gen Zers invest in work/life balance and are willing to spend to maximize their R&R experiences. Brands should meet this generation with luxury-first options and seamless experiences to maximize their return on investment for the younger cohort willing to spend to make a good time a great one.